Transitioning Pastors from Paid Positions to Released Callings – Part 2 (how am I going to feed my family?)

26 08 2008

People with a 5-fold calling on their life who are trained and consistently demonstrate fruitfulness in their ministry need to be fully released in their calling.  This includes seasons where they are financially supported in part or fully but this support should primarily come to release the call on their life not to indefinitely hold them to a church or ministry position.

Here are some steps toward getting to that place of financial freedom (imagine you were taking 6-24 months to transition out of the paid position and work through these steps).

Step 1 – Discover your burn rate. Every start-up business has to know how much cash they burn through in a month and carefully hold that line so they can see if they’re headed toward ruin and need to raise more money.  In the same way if you combined all the income you would receive monthly if you left your pastoral position and subtracted your monthly expenses the negative number that would result is your burn rate.

Step 2 – Decrease your burn rate. Cut monthly expenses as much as possible including perhaps a less expensive house.

Step 3 – Diversify your income streams. Many families have only one stream of income and that is the paycheck of the bread-winner.  Because “making a living” is totally different than being “released in your calling” you will not always DO what makes you the most money.  But if you have one income stream this puts both your family and your ministry (calling) at continual risk.  I would recommend developing at least these 4 streams of income – work, support, investment and product (and developing these in this order is the next 4 steps).

Step 4 – Get a super-flexible (non-ministry) job (i.e. a trade). Paul had his tent making business and this is not to say he supported himself 100%.  It simply means he could support himself whatever % he might fall short on a given month and I believe EVERY 5-fold person should develop this.  The best way to do this is to offer some service that is needed by many people and can be done at any hour of the day or night and you control how many hours you put into it.  Here are some examples of trades that allow for this – computer programming, graphic design, internet marketing, editing (video, writing etc.) there are hundreds of others (each of these can be learned in 6-12 months).  You can also get another type of job that is very flexible as opposed to super-flexible like adjunct teaching, counseling etc.  Either way, you need to be able to get money every month (flex work between 10 and 30 hours per week) without compromising your calling and a trade will help ensure you have that ability.

Step 5 – Raise your own financial support. Don’t be too afraid to do this!  Imagine your burn rate is $6K and your income streams bring in $4K.  You are $2K away from being released in your calling and you probably know people who will gladly make up the difference.  A few things to remember about this.  Don’t think it is more noble to compromise your calling to have a ministry position and less noble to ask for support and be fully released.  I would reverse those two.  The church ought to give the vast majority of its money to 5-fold callings not to paid positions and you need to be a part of helping the church make that transition.  During part 3 of this series I’m going to describe how to structure a church without paid positions and once that happens you don’t need a building or staff and close to 100% will go to supporting 5-fold.  When that begins to happen raising support will be easy but in the mean time we need to be willing to do this.  Here’s a group that has amazing resources that help 5-fold raise their own support – http://www.globaltrainingnetwork.org/.

Step 6 – Invest some money. 10-20% of your income should go toward passive investments designed to release you and provide for you later in life.  This is also to assist your children when you’re older and after you are gone.  Do not neglect this area.  Pastor’s are not exempt from the need to be smart with their money and think multi-generationally.  This also provides an area where God could pour out blessing giving you unusually investment opportunities and bless those opportunities abundantly.

Step 7 – Continually productize parts of your ministry.  This means write a book, create a training course, audio courses, video training etc.  This does two things.  1. Can provide a stream of income from what you are already doing in ministry 2. Exponentially increase the scope of your ministry.

After 6-24 months of aggressively working through these steps with other 5-fold who have done and are doing the same thing you will be supported for your calling and NOT through a position.  Remember the minute your income streams overcome your burn rate in a sustainable way you are free.  It’s not easy but it’s right and it’s worth it.

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2 responses

27 08 2008
Michael Foster

Awesome. Well done! This is very helpful.

27 08 2008
Transitioning Pastors from Paid Positions to Released Callings Part 3 (who’s going to take care of my flock?) « From Eden to Zion

[…] Step 6 – Complete your financial support phase. We discusses this in Part 2 […]

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